makin97 NSETIPS @ RAKESH MAKIN: PREMARKET & INTRADAY CALLS FOR 29.09.2010 WEDNESDAY

Wednesday, September 29, 2010

PREMARKET & INTRADAY CALLS FOR 29.09.2010 WEDNESDAY

GOOD MORNING & Have a Nice DAY

PREMARKET & INTRADAY CALLS FOR 29.09.2010 WEDNESDAY

Buy AJMERA 286.50 TGT 299 SL 278
SHORT TERM INVESTMENTCALLS 29.09.2010

Buy VOLTAS 246.30 TGT 252 SL 241

Buy BF Utilities 1102 TGT 1130 SL 1075

MARKET VIEW 29.09.2010 WEDNESDAY

BANK NIFTY

Bank nifty futures witnessed the side way phase with positive biasness. The next technical resistance for bank nifty futures seems close to the level of 12400. Decisive closing above this resistance may take it up till the level of 12500 in near run. In the downside the immediate support for bank nifty futures seems close to the levels of 12140 to 12150. Decisive closing below this support zone may slip bank nifty futures till the levels of 12080 to 12085 in near term.

NIFTY

RESISTANCE-6046-6062-6089
SUPPORT-6013-5997-5970

SENSEX

RESISTANCE -20154-20202-20282
SUPPORT -20056-20008-19928

WORLD MARKET 29.09.2010 UPDATED 08.00AM

Asian markets were trading firm. Hong Kong's Hang Seng rose 0.93% or 204.61 points at 22,314.56.

Japan's Nikkei added 0.41% or 38.47 points at 9,534.23.

Singapore's Straits Times gained 0.34% or 10.39 points at 3,107.74.

South Korea's Seoul Composite advanced 0.53% or 9.91 points at 1,865.88.

Taiwan's Taiwan Weighted was up 0.45% or 37.15 points at 8,226.59.

China's Shanghai Composite was flat at 2,609.45.

DIVIDENDS FOR 29.09.2010

Artefact Projects General
Jhagadia Copper Results
Satyam Computer Results
Bombay Swadeshi General
Noida Toll bridge Dividend
Shipping Corporation Results
CCL Products Dividend, Results
Priyadarshini Spinning General
Singer India Results

Board Meetings 29.09.2010

Baba Arts BONUS 1:1
Birla Cotsyn BONUS 1:5
BL Kashyap BONUS 1:1
BL Kashyap Stock Split from Rs. 5/ to Rs. 1/
Harrisons Malayalam Dividend 2.00

Regards,

RAKESH MAKIN

Chugh securities Pvt Ltd